Asset protection is an important part of preparing for the future. You want to make sure that your family will be taken care of in case of your death or incapacitation. Here are a few benefits of asset protection.
Hundreds of thousands of dollars are lost every year because individuals and businesses do not have asset protection. It’s no wonder that individuals, insurers, and corporations are clamoring for legal and safe ways to protect their finances. Here, we’ll offer a brief overview of everything you need to know to make a wise, legacy-building decision to protect your assets now and for the future generations.
The internet is almost infinite and is full of private information. This makes your information available to you quickly, but it can also make it easy for others to access. This is why it is important for your information to be kept safe through encryption.
With today’s medical and technological advancements, it is important to know if your medical record storage is safe. Most of your medical records are probably being replaced with EMR (Electronic Medical Records). By using EMR, medical professionals are able to save time, reduce costs, and improve quality of service. However, there are necessary precautions you must take to keep your medical records safe. Here are some things you should know about the safety of your medical records:
Have you started your estate planning? Whether or not you’ve already started, you’ve probably wondered about your document safety. When starting the estate planning process, most people wonder whether or not their documents will stay safely away from those who shouldn’t have that information. How can you be sure? With Legacy Armour, it’s easy. In fact, you can have total peace of mind over your estate planning documents for the rest of your life.
Life insurance packages can give you and your family a layer of protection that can put your mind at ease. When you combine your life insurance with the security of Legacy Armour, you have everything that you need to secure your plans for your family’s future. With Legacy Armour, you can store your life insurance information in encrypted digital vaults. A plan with Legacy Armour fits perfectly into any life insurance packages. Read on to find out why.
When you bought your life insurance policy, you wanted to protect your family. Your life insurance benefits could help your family pay for expensive funeral costs and keep themselves from other financial difficulties. But what if your family didn’t have access to those life insurance benefits? Sadly, unclaimed insurance benefits leave many families without the protection that they need after a loved one passes away.
One of the best gifts that you can give your family is an easy transition after your death or incapacitation. Nobody enjoys thinking about emergency planning, but before you move on to a more pleasant topic, take just a minute to imagine what your family might go through in the case of your death. Grief is difficult enough on its own. Grief combined with uncertainty can cause added pain and unnecessary anxiety. You can prevent this uncertainty. Have you taken some time for emergency planning?
Digital assets are digital property that we own or have the right to use. These intangible assets are not always easy to recognize. Things like purchased MP3 files or digital video recording are easy to determine as digital assets. However, the term also includes virtual information like your usernames, passwords, and credit card numbers. These types of digital assets are especially valuable because they are related to your financial records and personal information. That’s why different types of digital assets benefit from the protection offered by a life monitoring platform.
One of the best ways to protect yourself, your family, and your business is to plan ahead. You may have already taken steps to protect your family in case of your death or incapacity. Have you protected your corporate assets yet? Asset protection doesn’t only apply to the future. You can use corporate asset protection to keep your business safe right now.